Tetra Tech (NASDAQ:TTEK) Updates Q2 2026 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.300-0.330 for the period, compared to the consensus EPS estimate of 0.310. The company issued revenue guidance of $975.0 million-$1.0 billion, compared to the consensus revenue estimate of $979.5 million. Tetra Tech also updated its FY 2026 guidance to 1.460-1.560 EPS.

Tetra Tech Stock Down 0.4%

TTEK stock traded down $0.14 during midday trading on Friday, hitting $38.08. The company’s stock had a trading volume of 762,654 shares, compared to its average volume of 2,119,285. Tetra Tech has a 52-week low of $27.27 and a 52-week high of $40.88. The firm has a 50-day simple moving average of $35.04 and a 200-day simple moving average of $35.16. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $9.95 billion, a P/E ratio of 28.69 and a beta of 0.90.

Tetra Tech (NASDAQ:TTEK) last announced its quarterly earnings data on Wednesday, January 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.04. Tetra Tech had a return on equity of 24.36% and a net margin of 6.73%.The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $974.28 million. During the same quarter last year, the business posted $0.35 EPS. The business’s quarterly revenue was down 13.4% compared to the same quarter last year. Tetra Tech has set its Q2 2026 guidance at 0.300-0.330 EPS and its FY 2026 guidance at 1.460-1.560 EPS. As a group, equities analysts forecast that Tetra Tech will post 1.37 EPS for the current year.

Tetra Tech Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Thursday, February 12th will be paid a $0.065 dividend. The ex-dividend date is Thursday, February 12th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. Tetra Tech’s payout ratio is 19.55%.

Wall Street Analysts Forecast Growth

TTEK has been the subject of a number of recent research reports. Northcoast Research upgraded shares of Tetra Tech from a “neutral” rating to a “buy” rating and set a $38.00 price target for the company in a report on Thursday, November 13th. Robert W. Baird set a $43.00 price target on Tetra Tech in a research note on Thursday. National Bank Financial initiated coverage on Tetra Tech in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $41.00 price objective for the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $48.00 price target (up from $47.00) on shares of Tetra Tech in a research note on Friday, November 14th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Tetra Tech in a research report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.60.

Institutional Trading of Tetra Tech

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Corient Private Wealth LLC grew its stake in Tetra Tech by 84.9% during the 2nd quarter. Corient Private Wealth LLC now owns 4,021,788 shares of the industrial products company’s stock valued at $147,095,000 after acquiring an additional 1,847,087 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Tetra Tech by 136.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,349 shares of the industrial products company’s stock worth $48,507,000 after purchasing an additional 957,050 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Tetra Tech by 57.3% during the second quarter. Ameriprise Financial Inc. now owns 2,396,981 shares of the industrial products company’s stock worth $86,195,000 after purchasing an additional 873,172 shares during the period. Millennium Management LLC raised its position in shares of Tetra Tech by 62.3% in the third quarter. Millennium Management LLC now owns 1,421,186 shares of the industrial products company’s stock valued at $47,439,000 after purchasing an additional 545,502 shares during the period. Finally, Quantinno Capital Management LP lifted its stake in shares of Tetra Tech by 109.4% in the second quarter. Quantinno Capital Management LP now owns 792,149 shares of the industrial products company’s stock worth $28,486,000 after buying an additional 413,890 shares during the last quarter. 93.89% of the stock is currently owned by institutional investors.

About Tetra Tech

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.